Source: http://www.investopedia.com/terms/c/cupandhandle.asp
As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off.
Source: http://www.investopedia.com/terms/c/cupandhandle.aspAs...
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 (20min delay)
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $392.7M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.5¢ | 16.5¢ | $1.087M | 6.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29410 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 934084 | 20 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |